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The ecommerce industry’s competitive landscape is shifting rapidly as new brands are now venturing into this segment, capturing a huge chunk of market share. As such, the battle for value is getting even more stringent. To keep ahead in the competition, ecommerce web scraping is the need of the hour to extract product information and track pricing trends by crawling top retail sites.
25% Increase in profits in an year
2x Increase in sales within six months
33% Reduction in Customer Churn
This calls for a high demand for tools and ways to extract product data to be the best in the industry. Consequently, many e-commerce and consumer brands turn to ecommerce web scraping service providers instead of developing a solution in-house. Ecommerce data scraping service providers help in extracting data from leading e-commerce websites. This is an excellent way for businesses to involve product optimization as it provides optimum results and helps narrow down the sets of product variations.
PromptCloud helped one of the leading ecommerce industry giants to boost profits by nearly 25%. This case study covers:
Headquartered in New Jersey, the client is a leading player in the Ecommerce space. The company has an e-commerce platform where customers and vendors buy and sell their products online.
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The client, therefore, required continuous updates about the products, pricing, and reviews available on the competitor e-commerce websites. The company needed a robust and reliable source of daily product data from hundreds of online stores. They had already built an internal web scraping team and tried DIY ecommerce crawler; however, web scraping ecommerce websites at such a large scale became a significant burden on their team and turned into a bottleneck for their growth. At this point, they decided to outsource certain critical areas of their ecommerce scraping and data extraction to enable their team to focus on marketing and sales activities.
The client wanted to extract product information and track pricing trends by crawling ecommerce sites. The ecommerce industry player approached PromptCloud looking to engage on an initial trial project. This project proved very successful, so today, PromptCloud manages 95% of all their data extraction activities.
In the second phase, our team evaluated the frequency of crawls the client demanded. This helped the team to choose the right pricing plan for the client. Once the client completed the payment process, the clean and fully prepped data was then made available for our clients in their preferred format.
We set up the entire data pipeline wherein the data gets automatically delivered to the client via our API. We scraped ecommerce data sources in the background, extracting record-level details as per the client’s desired format.
PromptCloud offered a robust ecommerce web scraping solution to gather the product details and monitor the pricing from the top 20 ecommerce websites, including Amazon,eBay, Myntra, and much more. About 5,000 products from competitor sites were scraped every day for prices and reviews and then provided to the client in ready-to-use formats using our ecommerce web scraping services. All the records contained product details, product information on the manufacturer’s websites, and review/pricing details.
To deliver the top-notch data, PromptCloud created a dedicated internal team to work exclusively on this project. Our team regularly connects with the client to discuss KPIs, new projects, and roadblocks, ensuring their web scraping system is always perfectly aligned with their business goals.
PromptCloud provided the client with an easily manageable solution where they were able to maintain a consistently high level of data quality when collecting ecommerce data feeds. This allowed the company to identify the gaps in its offerings and precisely tweak strategies.
By partnering with PromptCloud, the client could immediately scale their data extraction efforts to stay ahead of the competition. Offloading the accumulation of ecommerce data feeds allowed the client to focus on product development and business strategy. The provision of such data has allowed the company to accelerate its product development process without worrying about the maintenance of its data pipeline. Ecommerce web scraping allowed the client to have a compelling dynamic pricing strategy and adjust the prices of products and services in response to real-time demand. As a result, the client was able to boost profits by 25 percent within a year.
Besides, the client was able to:
Global leaders in the Ecommerce space are using PromptCloud to crawl Ecommerce websites and acquire high-quality web data. Don’t get left behind!
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